GIFTCARD500
GiftCard500 is a GCVA campaign to increase HMRC’s Trivial Benefits Allowance, from £50 tax-free to at least £500.
GiftCard500 is a GCVA campaign to increase HMRC’s Trivial Benefits Allowance, from £50 tax-free to at least £500.
As things stand, businesses can give employees a gift card or voucher up to the value of £50 tax free. £50 isn't a lot - especially given recent high inflation - so we're campaigning for that tax free threshold to be increased to at least £500. During 2024, we will be gathering evidence and building support - we urge you to join us in that effort. Thank you to our first phase GCVA Members supporting partners Prezzee, Miconex, Edenred, Love2Shop,Motivates, Blackhawk Network, Tillo.
